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After testing 189.59 numerous times, Caterpillar Inc. is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of Caterpillar Inc. towards 189.59 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 17 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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